Policy coherence implies the creation of a favourable overall policy framework for the development of all enterprises and entrepreneurship.

41. Incoherence in the formulation of macroeconomic and enterprise specific policies is often more costly for SMEs than for larger enterprises.

D. Enterprise specific policies

(2) instituting the financial policies that facilitate the reform and development of the enterprises, setting up and perfecting the financial fund management systems that conduce to the development of the enterprises

Enterprise, investment and competition policy

Thus, among other things, policies which have a bearing on entrepreneurship and the development of enterprises, such as monetary, fiscal, trade and exchange rate policies, will need to be consistent with sectoral and firm level policies.

Sectoral policy questions business and development

Government policies and firms diversification decisions

Thus, among other things, policies which have a bearing on entrepreneurship and the development of enterprises, such as policies relating to macroeconomic stabilization and functional issues such as taxation and business related regulations will need to be consistent with sectoral and firm level policies to develop new capacity or to achieve and maintain firm level competitiveness.

(ii) Policy coherence for SME development

6. SME issues should be integrated into overall industrial policy.

As described above, according to the GEM model, policies need to evolve in accordance with an economy or region's stage of development.

Another policy initiative has been to promote leasing arrangements to help SMEs meet their needs for business equipment.

(b) Policy coherence for SME development

Above all, it facilitates the achievement of a coherent policy framework for enterprise and SME development.

The national programmes for the creation of productive jobs are associated with the policies for modernization of industry and agriculture and with the promotion of farm exports, micro enterprises and other small businesses.

Tajikistan hopes to provide preferential policy support for Chinese enterprises.

18. Policy coherence can often be difficult to achieve at the enterprise level.

3. Enterprise issues relating to an enterprise development strategy.

The smaller firms are more likely to be in need, and under the influence, of such policies.

There was general consensus that e tourism policies and strategies will play an increasing role in integrating tourism enterprises, particularly SMEs, into global tourism markets.

However, such policies are not extensive to private sector organizations and businesses.

OFDI policy regime and SMEs

A dialogue which is dominated by the interests of larger firms risks creating policies and strategies which are biased against SMEs.

Innovative strategies, policies and cooperative behaviour of enterprises so far mainly in the developed countries have created opportunities and challenges for the enterprise sector.

The Government's entrepreneurship policy document Entrepreneurs in Estonia stresses the need to develop the human capital and the support structure for entrepreneurship, improve financing possibilities, distribute entrepreneurial information and simplify bureaucracy.

In supporting SME development, the Government had put in place specific policies and initiatives, for example to facilitate SMEs' access to finance.

A range of government policies influences the behaviour of firms directly or through the market, institutions, infrastructure and inter firm relations.

Nonetheless, the policy framework needed to facilitate CSR.

OFDI policy regime and SMEs 11

76. In addition, the Federation of Congolese Businesses was dissolved and the Government created the National Association of Congolese Businesses.

Some firms tend to attach greater importance than others to such matters as the use of local resources, decentralization of decision making, and recourse to subcontracting and other inter firm arrangements.

60. The minimum standards regarding safety and healthy working conditions are applied in all factories and companies and enterprises, including those of the Ministry of Defence and the Ministry of the Interior.

Business Groups Appeal to China Over Cybersecurity Law

B. Industry wide policies

OFDI activities by Indian SMEs are conditional upon both government policy initiatives and firm specific endeavours.

The achievement of policy coherence in the interest of enterprise development may sometimes lead to conflicts with other policy goals, thus distracting from the principal objective of SME development.

A security management policy

4.2 Domestic and security policy

New approaches to small scale enterprises were part of market oriented policies.

Moreover, complementary policies to strengthen entrepreneurial traits and skills, such as those being carried out by the Empretec programme, should also be implemented.

In his introduction to agenda item 3, the Chief of the International Arrangements Section of the Policy and Capacity Building Branch of DITE stressed that the primary contribution of corporations to development was economic in nature and that governments had pursued a number of policies to maximize this contribution and minimize possible negative effects deriving from corporate activities.

It would also provide a framework for the development of a national CSR policy and a methodology for the implementation of CSR principles by SMEs.

Government policies may therefore focus on building up such critical capabilities among domestic enterprises, and such policies include the provision of incubator facilities, as well as financial and other guarantees on behalf of domestic enterprises seeking to participate in global alliances.

Inspired by the Global Compact's 2002 policy dialogue on business and sustainable development, this initiative facilitates business led enterprise solutions to poverty reduction.